Full Breakdown
Massachusetts Senate Moves to Ban Crypto ATMs Amid Rising Scam Losses
7/25/2026, 8:20:29 PM
Legislative Action
On July 24, the Massachusetts Senate approved an amendment that would prohibit the operation of virtual-currency kiosks, commonly called crypto ATMs, as part of its economic development bill. The amendment empowers the state attorney general to bring civil actions against anyone who continues to run such machines. The House version of the bill does not contain the ban, so the two chambers must reconcile the difference in conference committees before the measure can reach Governor Maura Healey’s desk.
Background & Scale of Scams
Crypto-ATM fraud has surged in recent years. The FBI reported that nationwide losses from these scams totalled $389 million in the last year, with Massachusetts accounting for nearly $7 million of that amount. State data show 296 complaints in 2025 and $6,834,561 in reported losses, averaging roughly $19,000 per day. Victims—often seniors—are contacted by scammers who pose as authorities, direct them to a kiosk, and use a QR code to transfer cash into an untraceable digital wallet.
Key Figures & Statements
Sen. John Cronin (D-Fitchburg) filed the amendment and emphasized consumer protection. AARP Massachusetts director Jen Benson and Norfolk County Sheriff Patrick McDermott have also voiced strong opposition to the kiosks, citing the ongoing damage to residents.
Data & Statistics
- Four states—Vermont, Minnesota, Indiana and Tennessee—have already banned crypto ATMs; 28 states impose some form of restriction.
- Massachusetts is the only New England state without specific regulations for these machines.
What’s Next
The amendment now awaits reconciliation with the House version of the economic development bill. If conference committees reach agreement, the ban will proceed to Governor Healey for final approval.
Verbatim Quotes
- “I was proud to pass the amendment that bans crypto ATM kiosks, but more importantly that saves people in the commonwealth from future predatory scams,” — Sen. John Cronin
- “A ban on crypto ATMs is now the most effective way to stop the ongoing damage,” — Jen Benson, the state director of AARP Massachusetts
- “People are getting walked right to the kiosk itself with the scammer on the phone,” — County Sheriff Patrick McDermott
